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Actually, according to my view, choosing a service agent or a lawyer depends on your intention and plan. For example, if you just want to set up an offshore company and a bank account for your trading business or investment proposal, I guess a service agent is enough as they offer competitive...

I formed a Hong Kong company last year, and the set up fees are USD 490 and it costs about USD 150 annually. I am not so sure about the price, and I will check it when I return and send you a private message.